Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees – Mining Bitcoin News

Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the ...

Poolin Bitcoin mining hash rate share falls by 94% from ATH

China-based Bitcoin mining pool, Poolin, registers a record decline in hash rate share to 1% from its all-time high of 18% – a 94% decline, according to data from Glassnode. Source: Glassnode Poolin c...

Iranian Court Orders Release of Crypto Mining Machines Captured Years ago

An Iranian court ordered the release of crypto-mining machines which were seized by Iranian authorities in 2021 due to energy concerns. In late December, 2021, Iran’s total energy consumption increase...

Why gold prices may be headed for record highs this year

Gold recently climbed to its highest prices in nearly seven months, feeding expectations that the precious metal is on track to notch record highs this year, after closing out 2022 with a modest loss....

Celsius’ Mining Rigs to be Shut-down by Core Scientific

Celsius filed for bankruptcy on July 12, 2022, and Core Scientific filed on December 21, 2022. The plug will be pulled on Celsius’ mining rigs on January 3, 2022, as per court orders.  The host compan...

Miner US offering constant income with certified/safest hash mining

Over the past ten years, the market for blockchain technology and cryptocurrencies has grown by a huge amount. The total market capitalization is somewhere around $843 billion right now, even though t...

Core Scientific Powers Down Celsius 37,000 Mining Rigs

Core Scientific is just one of the many names in the crypto ecosystem that is currently battling a liquidity crisis. Core Scientific Inc (OTCMKTS: CORZQ), the bankrupt crypto miner and hosting service...

Bitcoin Mining Firm Riot Ditches ‘Blockchain’ From Name in Rebrand

Bitcoin mining firm Riot Blockchain has rebranded to Riot Platforms, in a move intended to reflect the company’s “increasingly diversified business operations.” Riot, which has seen its market c...

Core Scientific to Shut Down 37,000 Bitcoin Mining Rigs Belonging to Bankrupt Crypto Lender Celsius – Mining Bitcoin News

Core Scientific plans to shut down 37,000 bitcoin mining rigs belonging to now-defunct crypto lender Celsius, according to an agreement between the two bankrupt firms. Celsius owes Core Scientific app...

Bitcoin Miner Core Scientific Reaches Agreement To Shut Off Celsius Mining Rigs

Core Scientific will shut off thousands of Celsius mining rigs, after the two bankrupt firms finally came to an agreement after months of dispute. One of the world’s biggest Bitcoin miners, Core Scien...

Year of Bitcoin miners’ merge? Analysts predict key mining trends for 2023

After a shocking year for Bitcoin (BTC), public miners will focus on strengthening balance sheets and minimizing costs this year, according to industry analysts. Bitcoin mining cost minimization will ...

Bitcoin Mining Industry Not Optimistic on a Bull Market Coming Soon

Fantastic news! Hashrate Index, a professional mining data company, has made the forecast that the present bear market for bitcoin will terminate in the year 2023. On the other hand, Bitcoin mining in...

Stronghold Digital Mining Swaps Debt for Preferred Stock

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...

Riot Blockchain Rebrands to Riot Platforms Amid Mining Rout

Bitcoin miner Riot Blockchain has changed its name to Riot Platforms to reflect a more diversified business. In a press release, the company announced that despite the name change, it would continue t...

Is Mining Worth? Will Bitcoin Mining Companies Survive In 2023?

Will Bitcoin Mining Companies Survive In 2023? Bitcoin mining companies had a really tough year as the extreme market conditions influenced the price of Bitcoin. The crypto market saw major crashes li...

Iran court orders the release of seized crypto mining equipment

Iranian authorities seized numerous crypto mining equipment over the past two years, citing stress on energy grids during winter. Now, a court ordered the release of crypto-mining equipment that was p...

Top Public Bitcoin Mining Firms Owes Most Money: A Report

The Bitcoin (BTC) miners witnessed a sort of mixed “success” while tackling the debt-fueled overexpansion crisis. Most of the industry insiders have collected more than $4 Billion of debt in recent cr...

Iranian authorities returned 150k of seized crypto mining equipment

Iran is releasing up to 150,000 pieces of crypto mining equipment previously seized by the authorities following a court order. Since 2021, the Organization for Collection and Sale of State-Owned Prop...

Ault Alliance’s Subsidiary BitNile Issues 2022 Bitcoin Production and Mining Report Highlighting a Current Projected Run Rate of Approximately 1,500 Bitcoin a Year

BitNile has mined approximately 750 Bitcoin to date LAS VEGAS–(BUSINESS WIRE)–$AP #ARGO—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault” or the “Company”), today announ...

In another blow to Celsius, Core Scientific shuts down 37,000 mining rigs

Core Scientific has shut down 37,000 mining rigs that were hosted for Celsius. The Bitcoin miner’s share price has jumped over 81% following this decision. Bitcoin [BTC] mining firm Core Scientific ha...

Iran Returns Confiscated Crypto Mining Hardware After Courts Ruling

3 hours ago | 2 mins read Bitcoin News Tavanir, a state-owned utility, has been disconnecting electricity to illicit mining sites. Licenses and import permissions for mining may be obtained from the M...

Core Scientific Is Shutting Down 37,000 Celsius Crypto Mining Rigs

Editors News Core Scientific, a crypto miner has submitted a motion asking for permission to reject Celsius’ contracts. According to Core, Celsius had broken the terms of the agreements by failing to ...

Exploring alternative mining options through IoT incentivized networks – Gathering of the Gigahash #2

In this episode of The Gathering of the Gigahash, Dave, Akiba, and Joe from NetworkBits Crypto discuss the state of mining within IoT (Internet of Things) and location services. Joe, who is passionate...

Bitcoin mining: difficulty still decreasing

Good news for Bitcoin miners: difficulty dropped again today.  Bitcoin mining: current levels of difficulty Difficulty is the level set automatically by Bitcoin’s protocol for those who mine blocks, a...

Bitcoin Mining Difficulty Sees Sharp 3.59% Drop

The bitcoin mining difficulty had adjusted upward for the majority of 2022, recording its highest correction in the same year. However, 2023 kicked off with a downtrend as the mining difficulty has be...

Iran Returns Seized Crypto Mining Equipment to Miners – Mining Bitcoin News

A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by cou...

The Finest Cryptocurrency Mining Software, Brought to You by Mine…

If you are interested to know more about Miner US Limited you can check out the : Miner US Limited Introduction Video Introducing Miner US Limited Graves David Gavin, the man behind the cryptocurrency...

Bitcoin mining difficulty down 3.6% while revenue pops 0.9% in December

Bitcoin mining difficulty is down 3.6%, following a winter storm that led a number of miners to power down. The update was posted in the early hours of Tuesday, according to BTC.com. Diffi...

Saudi Arabia Looks To Mining As Way To Diversify Its Economy

Khalid Al-Mudaifer hopes to see Saudi Arabia expand and develop its mining sector with new … [+] international partners in line with the Saudi 2030 Vision. Saudi Ministry of Mines By Joseph Hamm...

Piedmont Lithium Stock Is Soaring After Amended Tesla Deal

Lithium-mining start up Piedmont Lithium and electric-vehicle giant Tesla have amended a deal that will give Tesla greater domestic supply of the metal that goes into EV batteries. Tuesday, Piedmont (...

Bitcoin Mining Difficulty fell’s 3.6% in Latest Adjustment

According to BTC.com, Bitcoin’s mining difficulty went down by 3.59% in Asia early Tuesday, Coordinated Universal Time (UTC). Some United States-based Bitcoin mining organizations and miners shut down...

Gold, silver kick off 2023 by advancing to highest levels in months

Gold prices kicked off the first trading session of 2023 on Tuesday by advancing to fresh 6-month highs, bolstered by lower bond yields and expectations about more central-bank buying. Other precious ...